Financial Highlights

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 300,258 282,113 220,683 173,895 156,091
Total Net Loans 207,816 212,024 167,660 125,136 103,384
Total Deposits 253,196 236,969 180,682 137,511 126,325
Equity Attributable to Parent Company 41,695 40,530 35,483 23,829 23,072
Total Equity 41,695 40,530 35,483 23,829 23,072
Profitability (%)
Net Income($000) 723 3,562 2,233 509 3,127
Net Income Attributable to Parent($000) 723 3,562 2,233 509 3,127
ROAA 0.98 1.43 1.08 0.31 2.14
Core ROAA 0.98 1.43 1.11 0.71 2.16
ROAE 7.03 9.45 7.37 2.14 16.06
ROATCE 7.17 9.61 7.58 2.34 16.51
Core ROAE 7.05 9.45 7.55 4.91 16.22
Net Interest Margin 3.84 3.88 3.56 3.14 2.99
Reported: Net Interest Margin 3.86 3.88 3.56 3.14 2.99
Efficiency Ratio 50.02 47.14 50.98 64.94 78.73
Noninterest Inc/ Operating Rev 6.75 4.29 3.52 4.46 8.04
Balance Sheet Ratios (%)
Loans/ Deposits 83.37 90.64 94.05 92.27 83.11
Securities/ Assets 21.98 13.03 16.82 21.91 26.59
Total Equity/ Total Assets 13.89 14.37 16.08 13.70 14.78
Tangible Equity/ Tangible Assets 13.88 14.36 16.04 13.62 14.66
Tang Common Equity/ Tang Assets 13.88 14.36 16.04 13.62 14.66
Asset Quality (%)
NPAs/ Assets 0.33 0 0.03 0 0
NPA Excl Restructured/ Assets 0.33 0 0.02 0 0
NPAs & 90+ PD/ Assets 0.33 0 0.03 0 0
NPAs/ Loans & REO 0.47 0.01 0.04 0 0
Nonaccrual & 90+ & OREO/ Assets 0.33 0 0.02 0 0
NPAs & 90+ PD/ Loans & REO 0.47 0.01 0.04 0 0
NPA & Loans 90+/ Tangible Common Equity + LLR 2.22 0.03 0.18 0 0
NCOs/ Avg Loans 0.01 0.02 0.03 (0.13) (0.09)
Loan Loss Reserves/ Gross Loans 1.55 1.29 1.34 1.38 1.52
Reserves/ NPAs 327.20 NM NM NM NM
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 39,596 38,824 34,885 23,227 NA
Tier 1 Capital($000) 39,596 38,824 34,885 23,227 NA
Tier 2 Capital($000) NA 2,770 2,138 1,669 NA
Total Capital($000) NA 41,594 37,023 24,896 NA
Total Risk-weighted Assets($000) NA 229,941 170,884 133,423 NA
Tier 1 Common Capital (CET1) Ratio(%) NA 16.88 20.41 17.41 NA
Tier 1 Ratio(%) NA 16.88 20.41 17.41 NA
Total Capital Ratio(%) NA 18.09 21.67 18.66 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 13.38 14.21 15.84 13.58 NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,144,632 4,143,620 4,063,620 2,731,313 2,727,813
Avg Diluted Shares(actual) NA 4,164,863 3,629,210 2,753,133 2,726,047
Basic Book Value per Share** 10.06 9.78 8.73 8.72 8.46
Book Value per Share, As Reported 10.06 9.77 8.71 NA NA
Basic Tangible Book Value per Share 10.06 9.77 8.71 8.67 8.37
Tangible Book Value per Share, As Reported 10.06 9.77 8.71 8.67 8.39
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.17 0.86 0.62 0.19 1.15
EPS after Extra Growth(%) (19) 38.70 226.30 (83.50) 76.90
Core EPS 0.17 0.86 0.63 0.44 1.16
Core EPS Growth(%) (20.10) 35.40 45.60 (62.50) 101.20
Diluted EPS before Amortization 0.17 0.88 0.64 0.22 1.17
Pre-Provision Earnings per Share 0.27 0.96 0.77 0.42 0.21
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
**Book Value Per Share displayed includes Accumulated Other Comprehensive Income (AOCI)